Daily Stock Market Update

Daily Stock Market Update

Share this post

Daily Stock Market Update
Daily Stock Market Update
Stock Market Update Friday April 5, 2024

Stock Market Update Friday April 5, 2024

Tom's avatar
Tom
Apr 06, 2024
∙ Paid
8

Share this post

Daily Stock Market Update
Daily Stock Market Update
Stock Market Update Friday April 5, 2024
2
Share

Stock Market Update Friday April 5, 2024 Another strong payrolls report helped the bulls shake off yesterday’s late snafu, as the S&P 500 and Nasdaq 100 rose 1% and 1.2%, respectively, to each settle lower by about 1% for the week. However, the noteworthy aspect is that the data was largely disregarded, perhaps indicating weakness beneath the surface of the jobs report.

Away From Stocks: Treasury yields backed up across the curve with the 2-year note climbing eight basis points to 4.73% and the long bond closing at 4.54% from 4.47% Thursday. WTI crude tested $87 before retreating a bit below that bogey, gold snapped back to another closing high at $2,324 per ounce and the VIX ticked only modestly lower, finishing at 16. 

Daily Stock Market Update & E-mini Day Trading Recap is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Keep reading with a 7-day free trial

Subscribe to Daily Stock Market Update to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 AlgoTradeAlert.com
Publisher Terms
Substack
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share